Food Delivery
Food Delivery News
Swiggy's revenues jump 115 percent to Rs 2,776 crore, losses up 61 percent to Rs 3,768 crore
During the year under review, the company’s business grew by 85 percent. There was an addition of over 100,000 restaurants with an active delivery fleet of over 200,000.
Zomato's revenue doubles to Rs 2,743 crore, losses up 138 percent to Rs 2,386 crore
The Deepinder Goyal-led firm’s total expenses for the fiscal were reported as Rs 5,006 crore according to Tofler.
Amazon enters Indian food delivery market, to compete against Zomato, Swiggy; starts operations in select parts of Bengaluru
Amazon India on Thursday said it is launching its food delivery operations in select parts of Bengaluru, a move that will see the e-commerce giant compete against major players like Zomato and Swiggy in the country
Uber to cut 3,000 more jobs in second round of layoffs; 'made incredibly difficult decision to reduce workforce', says CEO in mail to employees
Uber Technologies Inc, the San Francisco-based ride-hailing company, is laying off 25 percent of its staff. It will cut a total of 6,700 jobs, including the 3,700 it had announced earlier this month, Chief Executive Officer Dara Khosrowshahi said.
Telecom shares drop 13%; surprise loser against other sectors as global lockdowns drive online sales from gaming to food delivery
In Asia, Africa, Europe and the Americas, a combination of high fixed costs, debt and market disruption has left telcos significantly underperforming the data-hungry businesses their networks carry
Coronavirus Outbreak: Google Maps now highlights restaurants that are operating near you during the lockdown
The Google Maps feature does not allow you to order food through the app, but only offer information regarding the establishments.
Uber Eats and other meal delivery firms are supplying groceries during lockdowns
The companies aim to deliver in less than 20 minutes, faster than restaurant meals.
Exclusive: Homegrown food-delivery services Swiggy, Zomato revive merger talks as threat from Amazon, Uber Eats looms
Even if the companies agree to a merger, they would have to contend with the gaze of the Competition Commission of India
Zomato revenue jumps by 225% to $205 million in April-September 2019; monthly cash burn rate down 60%
Online restaurant guide and food ordering platform Zomato on Tuesday said its monthly burn rate is down to 60 percent of what it was six months ago
Zomato extends Gold program to not just eating out but also deliveries; NRAI terms it desperate attempt
Zomato Gold is a premium membership plan that offers free food and drink.
Zomato asks partner restaurants to serve 45-day notice before opting out of Gold discounting scheme
Zomato said that in case members wish to log back to its Gold platform they will be required to pay a sign-up fee
Zomato lays off 60 employees in customer support team 'to cut costs and reduce redundancies'
The battle for dominance in India’s fast-growing online food delivery market is a two-way affair between Swiggy and Zomato
Zomato under controversy for being a 'hypocrite', users give one star rating to app
People are now even boycotting Uber Eats for backing up Zomato in this case.
Uber loses $1 billion in first quarter as costs for drivers, food delivery grow
Uber CEO Dara Khosrowshahi will have to soon convince investors that Uber can turn a profit.
Ola's parent ANI Technologies suspends Foodpanda's delivery business, terminates contracts of several delivery executives
In the last two weeks, Ola has dissolved the ground team completely. The company, however, has retained the core operations team consisting of senior employees
Zomato posts $294 mn loss for FY19 on account of food delivery business in India, revenue up three-fold to $206 mn
Online food ordering firm Zomato on Friday reported a loss of $294 million (about Rs 2,035 crore) for the year ended March, even as revenues jumped three-fold to $206 million
Swiggy customer orders food in Chennai, delivery man's location traced to Rajasthan on app; company acknowledges glitch
Bhargav Rajan, who had ordered food from anearby eatery in Chennai recently took to Twitter to inform Swiggy about the glitch in their app matrix as even though the delivery man was showing as picking up his order all the way up in north-India, Bhargav's order was en route and the etimated delivery time was was only a dozen minutes away from the destination.
Swiggy moves beyond food delivery, opens stores to deliver groceries, essentials
Food ordering and delivery platform Swiggy on Tuesday said it has launched 'Swiggy Stores' moving beyond its core food delivery segment to provide access to consumers items across multiple categories
Over 500 small restaurateurs complain to CCI about unfair practices by food aggregators
Unlike retail, FDI (foreign direct investment) restrictions are not applied on the restaurant sector or food service aggregators.
Uber Eats ties up with Cafe Coffee Day to create India's largest virtual restaurant network
Uber Eats on Friday said it has joined hands with Cafe Coffee Day (CCD) to launch India's largest virtual restaurant network, a move that will help Uber's food delivery unit to compete aggressively against rivals like FoodPanda, Swiggy and Zomato